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CNY Biotech Accelerator selects teams for Medical Device Innovation Challenge
SYRACUSE — Upstate Medical University’s CNY Biotech Accelerator (CNYBAC) has selected the teams for its 2022 Medical Device Innovation Challenge (MDIC). The MDIC teams will participate in the Empire State Development grant-supported program, which is now in its sixth year, per a June 27 announcement on Upstate’s website. The MDIC review committee — a select […]
Lockheed Martin’s Salina plant wins more than $17 million Navy order for submarine equipment
SALINA , N.Y.— Lockheed Martin Corp.’s (NYSE: LMT) facility in suburban Syracuse recently won a more than $17.35 million cost-plus-incentive-fee delivery order to a previously awarded contract from the U.S. Navy. The indefinite-delivery/indefinite-quantity contract is for the procurement of submarine -modernization kits, equipment, and installation, according to a July 28 U.S. Department of Defense contract
Hochul signs Green CHIPS bill seeking to make New York a hub for semiconductor manufacturing
Gov. Kathy Hochul on Thursday speaking in Albany and signing the Green CHIPS bill that aims to create jobs, maintain environmental protections, and make New
PAR Technology acquires growing Swiss tech company
NEW HARTFORD, N.Y. — PAR Technology (NYSE: PAR) announced it has acquired MENU Technologies AG, a growing Switzerland–based company that offers an omnichannel ordering solution
VIEWPOINT: It’s Just the Beginning of Mohawk Valley’s Economic Transformation
The Mohawk Valley region underwent gut-wrenching economic changes in the mid-1990s with the realignment of Griffiss Air Force Base in Rome and major industrial plant downsizings and closures. Back then, the region’s future appeared to be rather bleak, and its psyche was badly shaken. Fast forward to today, the region is not losing jobs or bleeding
Wolfspeed hiring is ahead of schedule at Mohawk Valley Fab
MARCY — Just a few months after a high-tech grand opening that involved a ribbon cutting by an electric vehicle, things are ramping up so fast at Wolfspeed that the company is already ahead of its employment projections. The 200mm silicon-carbide fabrication facility opened at the Marcy Nanocenter in April. Headquartered in North Carolina, Wolfspeed
NUAIR, NYS to host upcoming public safety UAS summit
ROME — NUAIR is set to host an upcoming UAS public-safety meeting a few months after hosting a committee meeting of ASTM International. The annual public safety UAS summit is scheduled for Aug. 16-17 in Oriskany and Rome. Both NUAIR and the New York State Division of Homeland Security and Emergency Services will host the
Skydome indoor drone-testing facility to transform Rome UAS test site
ROME — As they took flight at the end of the ceremony, two drones stretched out a ribbon that officials would cut to formally open the $13 million Skydome at Griffiss International Airport in Rome. Oneida County Executive Anthony Picente, Jr. and Hope Knight, president, CEO, and commissioner of Empire State Development, handled the ribbon
Briggs & Stratton, Sherrill Manufacturing boost business activity in Sherrill
SHERRILL — The city of Sherrill has two employers that are known for driving economic activity in the community — Briggs & Stratton Corp. and Sherrill Manufacturing, Inc. Whether it’s hiring, manufacturing, or online sales, both companies and their employees generate economic activity for Sherrill’s downtown area, according to Brandon Lovett, city manager in Sherrill.
ConMed to acquire Connecticut startup
ConMed Corp. (NYSE: CNMD), a medical-device manufacturer with roots in the Utica area, announced it will acquire privately held Biorez, Inc., on a cash-free, debt-free
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